Today I will tell you how $CROD tokens are redeemed.
The token exchange system at the CRODO.IO project is presented in the form of a fixed liquidity pool.
This solution primarily allows private investors to redeem a token at a favorable price, while the project can predictably collect the necessary amount of investment for a predictable number of tokens, as well as prevent the rapid drain of tokens on exchanges during listing by means of gradual unblocking of funds (vesting) systems.
The system also facilitates a broad distribution of token holders after redemption. Having a large number of token holders distributed geographically and demographically is a key advantage for a token issuance project. Many centralized exchanges view the number and location of token holders as key indicators of whether a project is worthy of listing.
To achieve these advantages, users looking to redeem tokens at a bargain price compete with each other using the following mechanics:
1. Splitting users into tiers based on the resulting Gravity.
2. Performing tasks of token projects.
The main stages of token exchange:
If you are whitelisted, when the specified start time of the sales comes, you need to put the tokens required by the pool into the exchange contract through the interface of the website.
When the distribution date arrives, the tokens will automatically appear in your wallet.
Depending on the distribution plan described in the project – tokens may be received in parts (gradually) before the final distribution date.